Income Tax
Log in to FollowLatest Income Tax news, articles, notifications, circulars and case laws covering ITR, assessments, deductions, TDS, capital gains, tax audit, appeals and compliance.
Section 143(3) Order Invalid as Assessment Had Abated on Search Date
Corpus Fund Withdrawal Not Taxable When Used for Charitable Objects: ITAT Chennai
Reassessment Beyond 3 Years Upheld as Escapement Exceeded ₹50 Lakh — Cash Deposits u/s 69A
Section 270A Penalty Deleted for Suo Motu Withdrawal of Education Cess Claim
Penalty u/s 271(1)(c) Not Sustainable on Estimated/40(a)(ia)/41(1) Additions: ITAT Agra
Section 43B Relief Granted Because Evidence of Gratuity Payment Was Ignored
ITAT Rajkot Quashes Copy-Paste Appellate Order Citing Wrong AY/Facts
Minor Valuation Difference Cannot Justify Capital Gains Addition: ITAT Surat
Penny Stock LTCG Held Genuine Despite Investigation Reports: ITAT Mumbai
Section 68 Addition Set Aside as Onus of Proof Was Discharged
Section 263 Invoked for TDS Default on Freight: ITAT Patna Upholds Revisionary Order
Vague Penalty Notice Makes Section 271(1)(c) Proceedings Void: ITAT Rajkot
Bogus Purchase Finding Unsustainable Without Proper Evidence Review
Capital Continuity Proved, ₹10.63 Crore Section 68 Addition Deleted
Income Tax is TaxGuru’s extensive resource for developments under India’s direct tax laws. This category covers Income-tax provisions, rules, notifications, circulars, instructions, judicial decisions and practical compliance issues. Readers can explore articles and case laws on income-tax returns, assessments, reassessment, deductions, exemptions, capital gains, business income, TDS and TCS, tax audit, penalties, appeals, international taxation and other direct tax matters. The category also covers important CBDT announcements, tax deadlines, return filing developments and changes affecting individuals, businesses and other taxpayers. Chartered Accountants, advocates, tax professionals, companies and taxpayers can use this section to follow legislative, administrative and judicial developments and research important Income Tax issues and precedents.
